Investor Hopes for Rising Oil Demand Aren't Borne Out by Reality
As an investor, rising oil demand is exactly what I'm hoping for. I rank it right up there with a sharp poke to the eye and a swift kick to the gut. What can I say? I LOVE PAIN!
You know what else I'm hoping for? A stranger. Strangers are cool. Strangers give me free candy.
In the future, cities will become deserts... roads will become battlefields... and the hope of mankind will appear as a stranger.
Unfortunately, apparently the "hopes for rising oil demand aren't borne out by reality", at least not yet.
I guess I'll just have to pin my "hopes" on something else. But what could it be?
I know! We could just take on more and more debt to make it seem like the economy is humming along like a well "oiled" war machine! Debt could create a never ending illusion of prosperity! Genius!
Monday: Personal Income and Outlays, ISM Mfg, Construction Spending - An excellent piece about the Fed from Tim Duy: Game On Bottom Line: The Fed's confidence in the US economy is driving them closer to policy normalization. ...
3 hours ago